USA approves major Maritime Transport Reform Law
The US House of Representatives approves major Maritime Transport Reform Act, and USA's president, Biden, is ready…
Browsing Tag
containers
MSC would seek majority stake in Global Ports
MSC Mediterranean Shipping Co. SA is considering acquiring a majority stake in the world's largest cruise port…
Shipping lines’ Operating margin increases
Shipping lines' Operating margin increases in the first quarter of 2022 compared to the last quarter of 2021,…
ZIM reports net profit of $1.7 billion
ZIM reported a record net profit of $1.7 billion for the first quarter of 2022, nearly triple a year ago, after…
Evergreen reports highest operating margin of shipping lines from Taiwan
Evergreen reports the highest operating margin of Taiwan's three lines, coinciding with its rise to position six in…
Hapag Lloyd reports record operating profit
The German shipping line, Hapag Lloyd, reports record operating profit for the first quarter of 2022, increasing by…
Port congestion worsens in Northern Europe
Adding to the problem of cargo delivery in China and COVID lockdowns, port congestion in northern Europe worsens…
Maersk stops operations in Russia
According to GCaptain, Maersk and its intra-European arm Sealand Europe & Med have announced that all vessel…
The inactive container ship fleet increases in April 2022
The global fleet of idle container ships continued its upward movement at the end of April despite the peak summer…
Ocean Network Express (ONE) reports record profit in Q1 2022
COVID, Congestion, War in Ukraine, blank sailings, Supply, demand: Ocean Network Express (ONE) records record…